SEI up +34.33%, BTC +3.05%, Sei is The Coin of The Day – Daily Market Update for Nov 29, 2023

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SEI up +34.33%, BTC +3.05%, Sei is The Coin of The Day – Daily Market Update for Nov 29, 2023

Key highlights:

The total cryptocurrency market cap increased from $ 1.41T to $ 1.45T in the past 24 hours, representing a 2.34% changeThe Bitcoin price at press time is $ 38,040 after growing by 3.05% in the last 24 hoursThe total crypto trading volume increased by 2.34% in the past 24 hours, and is currently at $ 265.30BAll prices and changes are presented at the time of publication: November 29, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.45T after a 2.34% increase on the day. The total crypto trading volume increased by 2.34% in the same time frame.

Bitcoin is trading at $ 38,040 after seeing a 3.05% gain in the last 24 hours. The Bitcoin dominance grew by 0.19% and BTC currently represents 51.42% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 743.90B after gaining 3.05% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.06% and reach $ 37,637 by December 4, 2023. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 2,057.71 and has a market capitalization of $ 247.42B. ETH increased by 2.77% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bears Dominate the Market Today

The bears dominated the market today as 73% of coins lost value in the last 24 hours.

Today's Top Gainers are Sei, Ribbon Finance, and Terra Classic

Thanks to a 34.33% price increase, Sei was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ribbon Finance came in second place, with 24-hour gains of 28.84%. Terra Classic, Kujira and Stacks complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Ethereum PoW, Beldex, and Rollbit Coin

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Ethereum PoW, which saw a loss of -5.97%. Beldex also didn't perform well, as its price declined by -4.83% in the last 24 hours. Rollbit Coin, Flux and Chia round out today's top 5 worst performers.

Coin of the Day is Sei

Thanks to its impressive 34.33% performance, Sei is today's coin of the day! Sei is currently trading at $ 0.290018. Learn more about Sei and its position in the market on our Sei price prediction page.

Our technical indicators show that the current Sei sentiment is Bullish.

Buy/Sell Sei

 
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